4960 Golfview Drive Geneva, OH $ 1,300,000
4960 Golfview Drive
$ 1,300,000
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4960 Golfview Drive

Geneva, OH, 44041
$ 1,300,000
Baths0.0

Monthly Estimate*

$ 8,640

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Studio

Commercial Property for sale in Geneva, OH

for $1,300,000. This building was built in 1960 on a lot size of 0.8.

11-keys motel within Ohio's First Summer Resort. Ideal for an investor seeking a turn key, well-established hospitality business with significant upside potential. Each motel suite features 2 bedrooms with queen beds, 1 bath, kitchenette, and sitting area. One suite is fully remodeled. Loyal clientele of repeat guests for over 30 years, thriving without advertising. Booking details reflect Memorial Day through mid September. This could be open year round. Spacious 2nd-floor residence: Approximately 2000 sq ft, 3 bedrooms, 1.5 baths, formal living and dining rooms, eat-in kitchen. The sellers did not rent the second floor living space and is potential for additional income. In-ground pool recently updated with $90k of improvements in 2023 including new concrete, aprons, and plumbing. Outdoor Pavilion for covered picnics and gatherings with landscaped green space. All linens, bedding, patio furniture, room furniture, benches, refrigerators, heating/cooling units, TVs are included. This is a turnkey business with potential for growth in a sought-after location.

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Commercial Active

Price

$ 1,300,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 7,843

Style

Lot Size

0.8

Year Built

1960

Town/City

Geneva

County/Region

Ashtabula

MLS | Web ID

5038409

Features
General
Sewer PublicSewer
Heating ForcedAir Gas
Cooling CentralAir
Possession DeliveryOfDeed
Roof Asphalt
Patio/Porch Features Patio
Pool Features Community
Year Built 1960
Township Geneva-on-the-Lake Village
Property SubType HotelMotel
Tax Year 2023
Business Type HotelMotel Hospitality Rental Residential
Community Features Pool
County Ashtabula
New Construction N
Property Type CommercialSale
HOA / Comm Assn N
Attached Garage N
Subdivision Name Connecticut Western Reserve
Garage Y/N N
Building Features Signs
Status Active
Directions Lake Rd to Green Lantern to Golf View
City Geneva
View Y/N N
Senior Community Y/N N
High School District Geneva Area CSD - 404
Zoning Description Commercial
Waterfront Y/N N
Carport Y/N N
Street Name Golfview
Property Attached Y/N N
Land Lease Y/N N
Tax Annual Amount 7843.72
Home Warranty Y/N N
Water Sewer Expense 450.0
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Days on Market 4
Standard Status Active
Occupancy Type Tenant
Middle/Junior School District Geneva Area CSD - 404
Elementary School District Geneva Area CSD - 404
Property Sub Type Additional HotelMotel
Legal Description SEC 2--13 M & 14 W
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Exterior
Fencing Perimeter Wood
Parking Features Guest Gravel OnSite Open Outside Oversized ParkingLot
Water Source Public
Lot Size Area 0.8
Foundation Details Slab
Spa N
Lot Size Acres 0.8
Lot Size Units Acres
Lot Size Source Assessor
Crops Included Y/N N
Open Parking Y/N Y
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Street Suffix Drive
Electric On Property Y/N N
Main Level Bathrooms 0
Total Baths 0
Living Area Units SquareFeet
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Internal Only
Street Number 1 4960
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* Excluded Features
List By
Clorice L Dlugos

Listing Agent

Mcdowell Homes Real Estate Services

Broker

cloricedlugos@gmail.com

Email

Affordability Calculator

$9,294
Per Month
93%
7%
0%
Monthly Principal & Interest
$8,640
Monthly Property Taxes
$654
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
4457707 Elementary School
4457662 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/14/2024$1,300,000 Listed Price

Map


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4960 Golfview Drive, Geneva, OH, 44041 is a Commercial Property for sale at $1,300,000 with a lot size of 0.8. 4960 Golfview Drive is a studio with 0.0 baths and was built in 1960. The property's zip code is 44041 which is in Geneva, OH